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New England Market Price Suppression Complaint Withdrawn at FERC

By Bud Earley on January 29, 2014
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An earlier post discussed a complaint by the New England Power Generators Association (NEPGA) arguing that the inclusion of a large, high-cost generating plant in an upcoming  capacity market auction will artificially suppress clearing prices. NEPGA has withdrawn its complaint because the generating plant’s owner has decided to retire it and, accordingly, the plant will not be included in the upcoming auction.  NEPGA says that the market administrator, ISO New England, will address in a stakeholder process the issues that gave rise to the complaint.

Photo of Bud Earley Bud Earley

Bud Earley, a non-lawyer senior advisor, provides analysis and advice on a wide range of federal and state energy regulatory issues, including transaction and rate issues, regional transmission organization (RTO) tariffs and rules, interconnection, retail choice and demand response for electricity customers…

Bud Earley, a non-lawyer senior advisor, provides analysis and advice on a wide range of federal and state energy regulatory issues, including transaction and rate issues, regional transmission organization (RTO) tariffs and rules, interconnection, retail choice and demand response for electricity customers, a natural gas pipelines and hydroelectric facility licenses, and LNG export authorizations.

Working with Covington teams, Mr. Earley has provided expert advice and analysis to investment firms, utilities, independent power producers, project developers, customers, marketers and U.S. and international energy companies,

Prior to joining Covington, Mr. Earley served for over 30 years in various staff positions at the Federal Energy Regulatory Commission (FERC). While at the FERC, Mr. Earley was instrumental in developing and applying policies regarding the transition of the electric utility industry to competition, including policies regarding independent power producers, transmission access, standard generator interconnection procedures, organized electricity markets, mergers and market-based rates.

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  • Posted in:
    Energy and Utilities
  • Organization:
    Covington & Burling LLP

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